In 2023, Lithuania led Europe with the highest share of high growth enterprises in the mining and quarrying sector, reaching 50.84%. This was closely followed by Portugal at 48.39% and Iceland at 41.52%. Italy and the Czech Republic contributed with moderate figures of 32.03% and 29.89%, respectively. Remaining countries experienced lower shares, with Latvia registering the smallest at 5.54%. Observations over the past five years indicate varying trends across these countries, reflecting diverse growth dynamics in the sector.
Looking ahead, several trends may shape the European landscape for high growth enterprises in mining and quarrying:
- Advancements in sustainable mining practices may boost enterprise growth.
- Technological innovations could drive efficiency and expansion opportunities.
- Regulatory changes in Europe might influence market dynamics significantly.
Top countries in Share of High Growth Enterprises in the Population of Active Enterprises in Mining and Quarrying by Country
| # | 9 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Lithuania | 50.84 | 2023 | View data |
| 2 | 2 Portugal | 48.39 | 2023 | View data |
| 3 | 3 Iceland | 41.52 | 2023 | View data |
| 4 | 4 Italy | 32.03 | 2023 | View data |
| 5 | 5 Czech Republic | 29.89 | 2023 | View data |
| 6 | 6 Romania | 21.57 | 2023 | View data |
| 7 | 7 Slovakia | 15.96 | 2023 | View data |
| 8 | 8 Norway | 13.08 | 2023 | View data |
| 9 | 9 Latvia | 5.54 | 2023 | View data |
